- Monthly figures depicting the number of jobless people via surveys has been disclosed in China in view of reviewing the actual employment situation in China. Many have seen eye to eye to this idea instead of having go through documents in order to find out the statistics like how it has been done previously.

- Since China reported that its unemployment rate is 4% but was supposed to be 11%, according to Feng Shuaizhang, this means that China has understated its own unemployment situation. China understated its unemployment rate to maintain its own reputation as one of the biggest economy in the world. The unemployment rate is also expected to be understated due to how it does not include discouraged workers, underemployed and part-time workers.

- There used to be a high unemployment of 20 million people due to the global financial crisis in 2008. The dean of the Institute for Economic and Social Research at Jinan University, Feng Shuai Zhang has stated that this new way of showing these statics has its good and bad points. He stated that the new measure is a big change for the country. and the new measure was more trustworthy than the previous one as the figures would be captured by authorized personnel, away from the involvement of the government.

- China states that the current unemployment rate is 5.1% in March of 2018, which meets the ideal rate of less than 5.5%

- The type of unemployment China is most worried about  is structural unemployment. Structural unemployment is caused by mismatch of skills for the people out of work and the skills required for existing job opportunities, and is an unemployment that is long term and often caused by industrial changes instead of inflation. Industrial changes might include technological changes etc. It has been reported that structural unemployment will continue to exist as a problem in China due to ongoing capacity cuts, industrial upgrading of the manufacturing sector and the potential cooling down in construction

- Another type of unemployment China is facing is frictional unemployment. Frictional unemployment exists in a economy due to fresh graduates graduating their institutes of individuals shifting from one job to another, and these people will have to face an inevitable waiting time before being employed and do not stay employed for a very long time. However, this can result in a better match-up between workers and jobs, thus leading to the economy becoming more efficient.

- China’s consumer inflation rate in 2017 grew at a slow rate as compared to this year’s inflation rate. 

- The CPI increased by 1.6% in 2017 which is far below the government’s target of 3%

- It was due to the 1.4% drop in food prices where pork and vegetables price dropped by 8%

- There was an increase in inflation rate of different aspects like non-food prices, medical products and services, housing-related, education, cultural and entertainment prices.

- Lian Ping, a chief economist says that the rising producer prices might push up the consumer price in the long term

- The latest monthly reading brought annual producer price growth for 2017 to 6.3 per cent, marking the fastest pace of annual inflation since 2007

- The statistics bureau said 6.13 percentage points of that annual rise was thanks to growth in the price of produced materials where oil, coal and natural gas are undergoing inflation.

- It was predicted that there might be stagflation in food prices but an increase in non-food prices

- The annual CPI rise of China will reach 2% in 2018

- With a low inflation level in China, the country can continue to deepen supply-side reform with a stronger focus on supply quality and economic rebalancing. It will also allow for the raise in the competitiveness of the economy and push forward high-quality development, which is believed to be rudimentary to determining the development path and the making of economic policies.